(FranchisePick.Com)  The bankrupt Pure Weight Loss (formerly LA Weight Loss) chain and owner, Vahan Karian, who left thousands of former members and employees without hundreds of thousands of dollars in services, products, refunds and paychecks is due in court March 14.  FranchisePick.com contributor Sue wrote:

I just received a notice from Bankruptcy Court regarding the case of PWL [Pure Weight Loss]. There will be a “Meeting of Creditors” at 10 am, March 14th at the William J. Green Federal Building in Philadelphia (600 Arch St., 2nd floor conference room, 10:00 am).
I don’t know if I have the ability to make it (don’t have to attend if I file my complaint by mail) but I think it would be great to go if I could get a bunch of their “creditors” (that’s US) to be there to face this shmoe down!
Anyone want to come to Philly??

If you are owed money by Pure Weight Loss, you should file a claim form through the bankruptcy court.  Click here for Pure Weight Loss Bankruptcy information and forms.

Road Trip Idea:  Why not come to Philadelphia for the Pure Weight Loss Creditor’s Meeting on the 14th and stay over ’til St. Patrick’s Day on the 17th?  We can throw a Pure Blarney Party & I’ll teach you all the acclaimed Sean Kelly Corned Beef & Guinness Diet.  We’ll invite Vahan Karian (A fine Irish lad) along and get him to run out on the tab.  I hear Vahan sings a version of Danny Boy so sweet it could bring tears to yer glass eye.

Tags: bankruptcy, LA WEIGHT LOSS, meeting of creditors, PURE WEIGHT LOSS, vahan karian, weight loss franchise, weight loss scam

Share This

Share This

Share This

Giants’ Rowand disappointed that Phillies considered him a long-term
Philadelphia Daily News - The fact that he isn’t doesn’t mean that there were good guys and bad guys. Just that there was a difference of how much of an investment the Phillies were willing to make.

Asia-Pacific research networking boosted by new €18 million
PublicTechnology.net - Collaboration between researchers in the Asia-Pacific region and their peers across the globe has been extended by an €18 million investment in the new TEIN3 high speed research and education network from the European Union and its Asian partners

Activision to Present at Goldman Sachs Technology Investment Symposium
MSN MoneyCentral - Activision, Inc. ATVI this day announced that Robert Kotick, Chairman and CEO of Activision Inc., will be presenting at the Goldman Sachs Technology Investment Symposium 2008 Conference on Tuesday, February 26th at 11:40 a.m. (PST) at The Venetian in

Japanese stocks lower on renewed fears about US economy
International Herald Tribune - Moves in the Japanese economy are slowing down for now due to the weakness in housing investment,” he told a Lower Home fiscal and financial panel.

Nasdaq Goes After Blank Checks
Blackenterprise.com - Clearly Nasdaq views this as a product that has legs and is contemplating structural changes in the product to provide for a longer period of investment, he added.

Local hoteliers plan huge expansion in India
Greenville News - In addition, officials with JHM and Interstate stated they’ll invest in U.K.-based Duet India Hotels Ltd., a real estate investment fund dedicated to investing in India.

Consumer crunch benefits Wal-Mart
St. Petersburg Times - Citi Investment Research analyst Deborah Weinswig stated Wal-Mart’s “low-price message” resonates superior with consumers, who are trying to scale back on spending and get the most for their dollar.

Amsterdam shares TFN at a glance outlook
CNN Money - of institutional investors (IVBN) says ’shocked and amazed’ by allegations of fraud in various real estate transactions (FD) COMPANY NEWS -KPN states will begin previously announced 1 bln eur share buyback today -Wereldhave FY direct investment result

RUXX investment index set to open 2.63% up
RIA Novosti - MOSCOW, February 22 (RIA Novosti) - Russia’s investment index will open Friday at 877.12 points, up 2.63% following Thursday evening’s sessions on major world trading floors. The Russian Industrial Leaders Index (RUXX) is a composite economic index

Marriages spell big bucks for dotcoms
Hindustan Times - Once confined to ‘pundits’, match-making has moved on to the virtual world and has become a booming business, attracting investment not only from domestic companies and funds but even from US world wide web giant Yahoo.

A credit-card substitute
Baltimore Sun - And the company raised almost $72 million in venture capital investment last quarter, the biggest take in the state and the seventh largest in the country.

Chinese Mills Reject Rio’s Ore Price Push, People State (Update3)
Bloomberg - It’s inconceivable to me that they couldn’t achieve some higher outcome,” Ken West , who helps manage the equivalent of $2.8 billion at Perennial Investment Partners Ltd. including Rio shares, said by phone from Melbourne.

Share This

Share This